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20121101
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in the next half hour. the toll mounting as talks continue for a ceasefire between israel and hamas. >> barack obama becomes a first- inning president to visit burma. but >> lewis hamilton wins the u.s. grand prix. >> ban ki moon has arrived in cairo in support of the cease- fire between israel and hamas. >> the exiled leader of hamas says they must take the first up a bit want the truce in israel. they will consider a cease-fire in israel and their attacks and the siege of gaza. >> israel has bombed building and at least 90 people have been killed and some 700 wounded since the air strikes began. >> the bombardment of gaza continues. israeli defense forces are picking targets they say it are connected to palestinian militants. the billionaire also among the latest casualties. across the border in israel, ground troops are massing in preparations for a possible invasion. israel has no mobilize and 40,000 reservists. elsewhere, diplomats are attempting to broker a ceasefire. in jerusalem, middle east peace envoy tony blair met with perez to stop the rocket attacks. >> it is clear we do not have
-fire intensifies, israel's foreign minister says he sought a long term arrangement arguing any discussion must begin with gaza agreeing to stop all fire into israel. are we going to see more of a premium put into global risk trades now, as well? >> the oil price is the real issue here and that is the factor that could make or break global growth. we've seen a fairly reasonable decline over the past you few months in response to the slower global growth story. if you start increasing the oil price because of tensions in the middle east, and the moves we've seen so far are not substantial, but if we start getting towards $95, $100 a barrel, that starts to put even more economic headwind in you like in the way of the world and that would be a very bad thing. i think it's likely to remain a relatively localized conflict. the risk is if it broadens out further, we still have the issue of iran and what would happen there. something happening there could see the oil price spike to 140, 150. >> i hear what you're saying it potentially remaining ale loized issue in israel, but at the same time, i was s
to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. what's next? what's gone wrong? we'll be joined by jules in athens in a few minutes. but let's start off with
the elections in january. many political observers are expecting him to change political parties. >> israel has taken a step towards expanding its missile defense. existing systems down. hundreds of hamas rockets during the recent violence and now they have successfully tested a new weapon against medium-range domiciles. israel hopes will be ready by 2014. -- medium-range missiles. thousands of angry workers in bangladesh have been protesting after ianother fire after the worst ever factory blaze. >> eclipsed the focus on note the working conditions. have forced the closure of the other factories and lay the area. to many of those responsible, they want them to be punished. >> firefighters could not contain this blaze, so the workers pitched in to help. together, they managed to put out the fire. it was the second factory fire outside of the capital in days. this time, no one was killed only a few people were injured. but employees are angry at what they say is a complete lack of fire safety of the workplace. >> there are fire extinguishers but they do not work. they are really for show. the wa
meets in israel with netanyahu to try to see what she can do to get the cease fire in order. because this is day seven now of this conflict where it continues. overnight the israeli defense force targeted 100 different attacks within gaza by air and sea, targets they said were necessary to stop the flow of missiles and rockets out of gaza, underground bunkers, store am depots and even financial institutions for hamas. this morning militants within gaza responded with volleys of rocket there is to israel -- into southern israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza now. 26 of those are children. so nearly a quarter killed has been children which is growing to the call of a necessary cease fire to figure out how these two sides can come to terms to stop this violence for now. >> okay on. thanks very much, chapman. shareholders of glencore have approved the deal with ex-trxst. we'll get more on that. but right now let's get the global markets report in singapore. >> composite slipped to a seven
're still watching what is happening in israel and gaza. the conflict there and uncertainty remains. focal point of many traders. the reason why perhaps we're not pulling back even further although many are anticipating we are going to see an increase in u.s. crude oil supplies when the energy department reports its numbers tomorrow. we'll monitor israel's situation because that's likely to have a very important effect on the oil price in this session. gold continues to trade in a range here. ubs saying there needs to be a significant breakout in this range for oil to have true momentum and on this short holiday week, it appears that many traders are just trying to cover their short positions and not really taking out new bets a at the moment but there are some taking out significant bets and there have been reports that george and john have added to their gold holdings. we have reported that gold etf holdings are at record levels. there are many that want to be in this complex but of course still right now we are looking at a slight pullback in the gold price right around 1730 an ounce. >
of israel that israel has conducted a military action killing a senior hamas leader. an air strike in the gaza area killed the head of the hamas military. one of the things a number of traders heard about that earlier but one thing is an israeli military spokesman says this is the start of a broader operation. so that is one of the things. it seems to have the market a little bit on edge and has them bidding up oil at this hour. the one trader i talked to said between the tensions between israel and hamas if we'll see that spiking up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff and as we head toward the break, another fiscal cliff fact. >> if la
organization by the united states because it continues to refuse to recognize israel as a state. the united states has a policy of not negotiating with terrorist organizations. that's why she's not speaking with anyone in gaza. her visit comes hours after a meeting with israeli officials that lasted late into the night. >>> let's take a look at the markets this morning. we already showed you the futures. they are down slightly. dow futures down by about 23 points. in europe this morning, you'll see that -- also, by the way, a lot happened yesterday. ben bernanke started talking, when he raised some concerns about the fiscal cliff, that once again put pressure on the markets. that's when things turned down yesterday. you'll see in europe, barely budging at this point. in france, the cac is up by about a point. the ftse is down by less than five points. in germany, the dax is up by less than three points. overnight in asia, you'll see that in japan, the nikkei was up by about .8 of a percent. the shanghai composite up by about 1%. the hang seng was up by 1.4%. oil prices also up slightly, up
Search Results 0 to 9 of about 10 (some duplicates have been removed)